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Alternatives to WorldRemit

Explore money transfer services similar to WorldRemit to help you find the best deal.

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Fact checked

Whether you’re seeking alternatives to WorldRemit because it isn’t offered in your area, you need higher transfer limits or you want cheaper transfer options, check out what other options you have using the list below.

We’ve compiled some of the most popular money transfer companies that hit the same notes as WorldRemit but excel in other areas where WorldRemit is lacking.


TransferWise logo

TransferWise

TransferWise offers users the mid-market rate for its transfers and is one of few companies to do so, so what you see on Google is the rate you’ll exchange at.

Why pick TransferWise instead?

  • Guaranteed better exchange rates
  • Minimum transfer of $1, good for small transfers

Downsides

  • High fees can offset the benefits of mid-market exchange rates
  • Limited currency options compared to WorldRemit


XE logo

XE

XE offers transfers without an added fee and is backed by a well-known brand in the currency exchange industry.

Why pick XE instead?

  • No additional fees
  • Competitive exchange rates
  • Max transfer is $500,000 per transaction

Downsides

  • Doesn’t accept cash or card payments
  • No cash pickup option
  • Must pay and transfer via bank accounts


OFX logo

OFX

OFX is a good alternative for sending large amounts, especially since it waives its transfer fees when sending $10,000 or more. There is also no maximum sending limit.

Downsides

  • Must transfer to a bank account
  • Can only pay by bank transfer
  • No cash pickup options
  • High minimum transfer amount of $1,000


Western Union logo

Western Union

With over 145 years in the business, Western Union has over 500,000 locations and a wide assortment of money transfer options.

Why pick Western Union instead?

  • Trusted provider since 1871
  • 500,000+ global locations
  • Flat fees

Downsides

  • Weak exchange rates are often 5% more than the mid-market rate
  • Often more expensive than other, smaller transfer companies


InstaReM logo

InstaReM

InstaReM is one of very few money transfer services to offer the mid-market currency exchange rate, but only for some currencies during certain hours of the day.

Why pick InstaReM instead?

  • Transparent fees
  • Same-day transfers for most supported currencies
  • Loyalty points system that can be redeemed against transactions

Downsides

  • Transfers must be sent to a bank account
  • Must pay via bank transfer
  • Fewer supported currencies than many competitors


Xoom logo

Xoom

Xoom is smaller than WorldRemit but typically offers more competitive fees to the countries it operates in.

Why pick Xoom instead?

  • Money-back guarantee if your transfer doesn’t arrive on time
  • Integrates with PayPal accounts

Downsides

  • Operates in fewer than 50 countries
  • Low maximum sending limits of $2,999
  • Transfer fees can vary depending on sending method, amount and destination


Travelex logo

Travelex

Travelex combines hedging options with money transfers to help you secure the best deal. Also, if you find a better price within 30 minutes of sending your transfer, Travelex will beat it.

Why pick Travelex instead?

  • No transfer fees when sending $5,000 or more
  • Flat fee of $5 for transactions under $5,000
  • Hedging options: forward contracts, limit orders and spot contracts

Downsides

  • Minimum transfer of $500 required
  • Only allows bank-to-bank transfers


Still looking for other options?

Use the table below to see some of the other popular money transfer companies in the industry that we didn’t list above. You can compare how much a transfer would cost for each of them by entering the amount you want to send and the destination. Alternatively, learn more about WorldRemit in our review.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 0.881 EUR 8,809 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.881 EUR 8,809 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1 Same day USD 0.00 0.881 EUR 8,808 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 2,000 1 day USD 0.00 0.881 EUR 8,809 $0 transfer fees with rates at never more than a 2% markup. Go to site Show details
USD 0 1 - 2 days USD 1.99 0.867 EUR 8,665 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
USD 1 1 - 2 days USD 80.00 0.884 EUR
8,773
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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